Athens-Clarke County, Athens Film Arts Institute, Inc.

Closing Date: June 29, 2018
On June 29, 2018, GCF provided a $250,000 loan to Athens Film Arts Institute, Inc. (AFAI) to assist in financing the acquisition of a commercial building located at 234 W. Hancock Avenue in downtown Athens. The building will continue to house an arthouse theater, Cine, and an upscale restaurant, The National. First American Bank & Trust was the senior lender.

Project Details

Loan Recipient
Athens Film Arts Institute, Inc.


Project Cost

GCF Loan Amount

DD RLF Loan Amount, if any

Project Use
Foundation Project Impacts
299 New Downtown Businesses
1728 New Jobs Downtown
$147 Million in Private Investments
8 Cultural Facilities
288 Downtown Housing Units
157 Hotel Units Downtown
1,352,805 Redevelopment Floor Area sf
200,267 New Construction sf